Destination Wealth Management Makes New Investment in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Destination Wealth Management bought a new position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 3,175 shares of the company’s stock, valued at approximately $255,000.

A number of other hedge funds have also added to or reduced their stakes in VCIT. Trustmark National Bank Trust Department boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.9% in the third quarter. Trustmark National Bank Trust Department now owns 14,299 shares of the company’s stock worth $1,198,000 after purchasing an additional 134 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.9% in the fourth quarter. Geneos Wealth Management Inc. now owns 7,424 shares of the company’s stock worth $596,000 after purchasing an additional 138 shares during the last quarter. Kingsview Wealth Management LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.8% in the third quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock worth $1,409,000 after purchasing an additional 139 shares during the last quarter. Capital Investment Advisors LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.6% during the 4th quarter. Capital Investment Advisors LLC now owns 3,307 shares of the company’s stock valued at $265,000 after buying an additional 144 shares during the last quarter. Finally, Stablepoint Partners LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the 4th quarter. Stablepoint Partners LLC now owns 5,448 shares of the company’s stock valued at $437,000 after buying an additional 144 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1 %

Shares of NASDAQ VCIT opened at $81.33 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.26. The business’s fifty day moving average price is $80.67 and its 200-day moving average price is $81.68.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.2865 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S.